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Samsonite Group S.A. Capital/Financing Update 2023
50259_rns_2023-09-22_3c433554-ec56-4380-aa16-9bb79e89025c.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
ETERNITY INVESTMENT LIMITED
(Incorporated in Bermuda with limited liability)
(Stock Code: 764)
EXTENSION OF THE NEW NOTES DUE 2023
Reference is made to the Company's announcement dated 29 December 2022 (the "Announcement") in relation to the New Subscription Agreement pursuant to which the Company issued to the Subscriber guaranteed secured notes due 2023 in an aggregate principal amount of HK$197,000,000 (the "New Notes").
Capitalised terms used herein and not defined shall have the same meaning as in the Announcement.
As at the date of this announcement, the outstanding principal amount of the New Notes is HK$196,000,000. The maturity date of the New Notes falls on 23 September 2023.
The Company is currently in negotiations with the holders of the New Notes (the "Holders") for a two-year extension to the maturity date of the New Notes. The Holders have informed the Company that they are informally agreeable to such extension subject to further due diligence. The Company is currently in discussion with the Holders as to the formal terms and conditions for such extension.
Further announcement(s) will be made by the Company as and when appropriate or as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
By Order of the Board
Eternity Investment Limited
Lei Hong Wai
Chairman
Hong Kong, 22 September 2023
As at the date of this announcement, the Board comprises three executive directors, namely, Mr. Lei Hong Wai, Mr. Cheung Kwok Wai Elton, and Mr. Cheung Kwok Fan; and three independent non-executive directors, namely, Mr. Wan Shing Chi, Mr. Ng Heung Yan, and Mr. Wong Tak Chuen.